Bitcoin domination slips when Ethereum explodes after a record $4.39 billion inflow

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Digital asset investment products set an all-time high last week, attracting $43.9 billion inflows. According to Coinshares’ latest weekly report, it has skyrocketed as investors’ appetites for Bitcoin and Ethereum ETFs continue to rise.

That figure surpassed the previous record of $4.27 billion set in December 2024, following the US presidential election. Additionally, the company has acquired a positive trend for crypto investment products for the 14th consecutive week, bringing a total of $27 billion compared to the previous year.

Meanwhile, the record-breaking week coincided with a series of developments in the US in procryption policies. Last week, lawmakers advanced three major bills, including the Clarity Act, the Anti-CBDC Surveillance Act, and the Genius Act, which President Donald Trump signed the law on July 18th.

As a result, Coinshares noted a sharp increase in trading activity. Crypto Exchange-Traded products (ETP) weekly trading sales reach $39.2 billion worldwide, with Bitcoin and Ethereum leading the volume.

The surge in inflows and trading activity has pushed total assets under management (AUM) to an all-time high of $220 billion.

Ethereum closes the bitcoin gap

Bitcoin products won $2.2 billion from $2.7 billion last week.

However, the activity remained strong. According to Coinshares, ETPS trading accounts for 55% of all Bitcoin exchange volumes, highlighting the growing advantage of institutional products.

Meanwhile, the Short Bitcoin Fund also recorded an inflow of $10 million. This reflects skepticism in the growing market as Bitcoin hits a new all-time high of over $123,000.

Crypto Investment Flow (Source: Coin Share)

Meanwhile, Ethereum products continued to gain momentum in the market.

According to Coinshares, funds focused on ETH raised $2.12 billion inflows, almost doubleping its previous $1.2 billion record.

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This week’s influx extended Ethereum’s winning streak to a 13-week straight inflow, currently accounting for 23% of total AUM. In particular, this year’s Ethereum funding inflow has already surpassed its 2024 total. This was $6.2 billion.

Meanwhile, other major altcoins also gained traction during the market rise. The Solana Funds raised $39 million inflows, while XRP and SUI brought $36 million and $9.3 million, respectively.

The widespread increase in influx reflects on ongoing crypto market gatherings and growing institutional interest in emerging sectors.

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